Thursday, 12 October 2017
Financial Resolutions 2018 - Financial Resolution No. 4: General (Resumed)
I must wrap up. I would like to discuss very briefly the priority that we have given in the budget to road safety.
The tourism industry will expand at unforeseen rates despite the fact that Brexit has arrived. We are not going to increase VAT. We will provide an extra €33 million for tourism product development and €108 million in all for capital spending. We are preparing for the world cup in sport. We are making a €60 million sports capital allocation, which is double the €30 million that was expected. We are reserving €50 million over four years for larger products.